TSE:CWB

Canadian Western Bank Stock Forecast, Price & News

C$27.04

+0.11 (+0.41 %)

(As of 09/30/2020 11:49 AM ET)

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Today's Range

C$26.86

Now: C$27.04▼

C$27.29

50-Day Range

C$23.90

MA: C$26.27▼

C$28.21

52-Week Range

C$15.70

Now: C$27.04▼

C$36.61

Volume126,823 shs

Average Volume348,731 shs

Market CapitalizationC$2.36 billion

P/E Ratio9.32

Dividend Yield4.31%

BetaN/A

Canadian Western Bank provides personal and business banking products and services primarily in Western Canada. The company offers current, savings, cash management, US dollar, senior, chequing, youth, and student accounts, as well as specialized accounts, including corporate and commercial, organization, strata solution/condo, general trust, and trust fund investment accounts. It also provides leading products, such as commercial lending and real estate, energy lending, and equipment financing products; mortgages; secured and unsecured lines of credit; registered retirement savings plan (RRSP), consolidation, car, and recreation vehicle loans; personal lines of credit; and credit cards. In addition, the company offers cash management services; life and disability insurance products that cover various loans, including residential mortgages, home improvement loans, collateral mortgages, lease loans, commercial mortgages, car loans, debt consolidation, education loans, investment loans, business loans, home equity lines of credit, business leases, personal lines of credit, and business lines of credit; and ATM, telephone, mobile, and online banking services, as well as deposit register and cheque order services. Further, it provides investment products comprising guaranteed investment certificates, RRSPs, registered retirement income funds, tax-free savings accounts, registered education savings plans, and mutual funds, as well as personal and business planning services. The company was founded in 1984 and is headquartered in Edmonton, Canada.

Beat the Market (BTM) Rank^™

1.3 Analyst's Opinion

Consensus Rating
Canadian Western Bank has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$29.86, Canadian Western Bank has a forecasted upside of 9.9% from its current price of C$27.18.
Amount of Analyst Coverage
Canadian Western Bank has only been the subject of 3 research reports in the past 90 days.

1.9 Community Rank

Outperform Votes
Canadian Western Bank has received 424 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Canadian Western Bank has received 699 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Canadian Western Bank has received 62.24% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Canadian Western Bank and other stocks. Vote “Outperform” if you believe CWB will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CWB will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Leadership
Canadian Western Bank is a leading dividend payer. It pays a dividend yield of 4.31%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Canadian Western Bank does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Canadian Western Bank is 39.31%. This payout ratio is at a healthy, sustainable level, below 75%.

3.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Canadian Western Bank insiders have bought 76.83% more of their company's stock than they have sold. Specifically, they have bought C$100,716.00 in company stock and sold C$56,956.00 in company stock.

3.1 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Canadian Western Bank is 9.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.60.
Price to Earnings Ratio vs. Sector
The P/E ratio of Canadian Western Bank is 9.37, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 17.37.
Price to Earnings Growth Ratio
Canadian Western Bank has a PEG Ratio of 0.81. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Canadian Western Bank has a P/B Ratio of 0.86. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.37 out of 5 stars

Industry, Sector and Symbol

Stock Exchange TSE

Industry Money Center Banks

Sub-IndustryN/A

SectorFinance

Current SymbolTSE:CWB

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.cwbank.com

Phone+1-780-4238888

Debt

Debt-to-Equity RatioN/A

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E Ratio9.32

Forward P/E Ratio9.49

P/E Growth0.81

Sales & Book Value

Annual SalesC$795.81 million

Price / Sales2.96

Cash FlowC$34.19 per share

Price / Cash Flow0.79

Book ValueC$31.50 per share

Price / Book0.86

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees2,200

Outstanding Shares87,100,000

Market CapC$2.36 billion

Next Earnings Date12/3/2020 (Estimated)

OptionableOptionable

C$27.04

+0.11 (+0.41 %)

(As of 09/30/2020 11:49 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Canadian Western Bank (TSE:CWB) Frequently Asked Questions

How has Canadian Western Bank's stock price been impacted by Coronavirus (COVID-19)?

Canadian Western Bank's stock was trading at C$22.81 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CWB stock has increased by 18.5% and is now trading at C$27.04.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of Canadian Western Bank?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Western Bank in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Canadian Western Bank.

When is Canadian Western Bank's next earnings date?

Canadian Western Bank is scheduled to release its next quarterly earnings announcement on Thursday, December 3rd 2020.
View our earnings forecast for Canadian Western Bank.

How were Canadian Western Bank's earnings last quarter?

Canadian Western Bank (TSE:CWB) posted its quarterly earnings results on Thursday, June, 1st. The company reported $0.59 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.57 by $0.02. The firm earned $172.44 million during the quarter, compared to analysts' expectations of $169 million.
View Canadian Western Bank's earnings history.

How often does Canadian Western Bank pay dividends? What is the dividend yield for Canadian Western Bank?

Canadian Western Bank declared a quarterly dividend on Thursday, February 27th. Investors of record on Thursday, March 12th will be given a dividend of 0.29 per share on Thursday, March 26th. This represents a $1.16 annualized dividend and a yield of 4.29%. The ex-dividend date is Wednesday, March 11th. This is an increase from Canadian Western Bank's previous quarterly dividend of C$0.28.
View Canadian Western Bank's dividend history.

What price target have analysts set for CWB?

5 brokerages have issued 12-month price targets for Canadian Western Bank's stock. Their forecasts range from C$23.00 to C$38.00. On average, they expect Canadian Western Bank's stock price to reach C$29.86 in the next year. This suggests a possible upside of 10.4% from the stock's current price.
View analysts' price targets for Canadian Western Bank.

Who are some of Canadian Western Bank's key competitors?

Some companies that are related to Canadian Western Bank include Secure Trust Bank (STB), Arbuthnot Banking Group (ARBB), Manx Financial Group (MFX), Atlas Mara (ATMA), Australia and New Zealand Banking Group (ANZ), Banca Carige (CRG), Bank of Queensland (BOQ), Bendigo and Adelaide Bank (BEN), Edgewater Bancorp (EGDW), KBC Groep (KBC), National Australia Bank (NAB), Societe Generale (GLE), UniCredit (UCG) and Unione di Banche Italiane (UBI).
View all competitors.

What other stocks do shareholders of Canadian Western Bank own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Canadian Western Bank investors own include Intelsat (I), Bank of Nova Scotia (BNS), Air Canada (AC), Bank of America (BAC), Toronto-Dominion Bank (TD), Bombardier, Inc. Class B (BBD.B), Associated British Foods (ABF), Chaarat Gold (CGH), Fossil Group (FOSL) and AMC Entertainment (AMC).

Who are Canadian Western Bank's key executives?

Canadian Western Bank's management team includes the following people:

Mr. Christopher H. Fowler, Pres, CEO & Director (Age 59)
Ms. Carolyn J. Graham F.C.A., FCPA, FCA, ICD.D., Exec. VP & CFO
Ms. Kelly S. Blackett, Exec. VP of HR & Corp. Communications
Mr. H. Bogac Ozdemir MBA, Exec. VP & Chief Risk Officer
Mr. Stephen H. E. Murphy, Exec. VP of Banking

What is Canadian Western Bank's stock symbol?

Canadian Western Bank trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CWB."

How do I buy shares of Canadian Western Bank?

Shares of CWB and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab.

What is Canadian Western Bank's stock price today?

One share of CWB stock can currently be purchased for approximately C$27.04.

How big of a company is Canadian Western Bank?

Canadian Western Bank has a market capitalization of C$2.36 billion and generates C$795.81 million in revenue each year. Canadian Western Bank employs 2,200 workers across the globe.

What is Canadian Western Bank's official website?

The official website for Canadian Western Bank is www.cwbank.com.

How can I contact Canadian Western Bank?

Canadian Western Bank's mailing address is 10303 Jasper Ave NW Suite 3000, EDMONTON, AB T5J 3X6, Canada. The company can be reached via phone at +1-780-4238888.

This page was last updated on 9/30/2020 by MarketBeat.com Staff

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